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Jack Daniel's Parent Company Is Laying Off 12% of Its Workforce as Whiskey Market Wanes
Brown-Forman, the parent company behind major American whiskey brands Jack Daniel's and Woodford Reserve, announced that it was cutting 12 percent of its global workforce and selling its Louisville cooperage.
Jack Daniel’s parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville.
Workers ‘blindsided’ as Brown-Forman cuts global workforce, including more than 200 Louisville jobs
Cutbacks at Brown-Forman include closing its cooperage in Louisville, putting 210 employees out of work. Wood and others were allowed to go home with pay after company officials made the unexpected announcement.
Brown-Forman to reduce global staff, close Louisville cooperage
Louisville-based spirits purveyor Brown-Forman says it’s closing its Louisville cooperage amid a 12% reduction in its workforce.
Brown-Forman to cut about 12% of global workforce as part of restructuring
Forman said on Tuesday it will lay off about 12% of its global workforce of 5,400 employees, as the Jack Daniel's maker looks to reduce costs amid weak alcohol demand. The company has struggled with high input costs,
Brown-Forman To Cut Workforce By Approx. 12%; To Close Louisville-based Barrel-making Operation
Brown-Forman (BFA,BFB) announced a series of strategic initiatives, which include restructuring the executive leadership team,
1d
on MSN
Brown-Forman laying off 648 people as stock price hits 10-year low and sales decline
Jack Daniels whiskey maker Brown-Forman Corp. said Tuesday it would cut 12% of its work force or about 648 jobs in the face ...
hoptownchronicle
17h
Whiskey maker Brown-Forman to close Louisville site, lay off about 650 workers globally
The workforce layoffs are expected to affect around 650 employees, or 12% of Brown-Forman’s 5,400 employees worldwide. The ...
12h
on MSN
Fading spirits: American whiskey makers could face crippling demand, tariff headwinds
The development arrived with two major headwinds facing the American whiskey industry. The first is the question of demand vs ...
1d
Kentucky whiskey giant Brown-Forman laying off hundreds, closing Louisville cooperage
Brown-Forman, the Kentucky spirits company that makes Jack Daniel’s Tennessee Whiskey and Woodford Reserve Bourbon, announced ...
1d
'This closure reflects a broader trend': Local leaders react to closing of Brown-Forman Cooperage
Brown-Forman will be closing its last remaining cooperage by April. Hear what local leaders in the barrel industry have to ...
1d
Brown-Forman Slashes 12% of Workforce. What We Know.
Brown-Forman is cutting about 12% of its global workforce, the maker of Jack Daniel’s whiskey said on Tuesday. “This organizational evolution will simplify and streamline Brown-Forman’s structure, ...
Gear Patrol on MSN
7d
This Bourbon Was the Talk of the Whiskey World in 2024. Now It’s Back
Old Forester's fifth release in its Whiskey Row series garnered tons of praise in 2024 and immediately sold out. Now it's ...
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